What is Endorsement in Insurance?
An endorsement refers to any change made to an insurance policy after it has been issued, i.e., during the policy period. These changes are made by the insurance company at the behest
Fire Insurance
A collection of 15 posts
Bharat Sookshma Udyam Suraksha (BSUS) Policy Exclusions - Explained
A Bharat Sookshma Udyam Suraksha (BSUS) policy provides Fire Insurance coverage to small businesses against a large number of risks, ranging from fire and explosions, to riots and natural disasters. If your business
Bharat Sookshma Udyam Suraksha (BSUS) Policy Coverage – Explained
Bharat Sookshma Udyam Suraksha (BSUS) is a Fire Insurance policy designed to cover small and mid-sized businesses with insurable assets below ₹5 Crore. BSUS is one of the three insurance products widely sold
What does RSMD mean in Fire Insurance?
RSMD in Insurance stands for Riots, Strikes, and Malicious Damage. RSMD is a group of risks covered by Fire and Allied Perils Insurance. The Bharat Sookshma Udyam Suraksha [https://blog.verak.in/product-explainers-bharat-sookshma-udyam-suraksha-bsus-policy-amp/
Difference between SFSP, BLUS, and BSUS Insurance policies
Fire Insurance in India has been completely reformed post IRDAI’s (Insurance Regulatory and Development Authority of India) efforts in bringing Fire and Allied Perils Insurance business out of the ambit of the
How to file a claim for Fire Insurance?
Claim is by far the most important aspect of any insurance. If there is a lack of proper knowledge and guidance on how to file a claim, the entire process can be incredibly